WHAT IS LEADERSHIP?Leadership is an interactive conversation that pulls people toward becoming comfortable with the language of personal responsibility and commitment.

LEADERSHIP TIPS“The crux of leadership development that works is self-directed learning: intentionally developing or strengthening an aspect of who you are or who you want to be, or both.” Primal Leadership by Daniel Goleman, Richard Boyatzis & Annie McKee (Harvard Business School Press)

Advertising

Privacy PolicyWe use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you.
For example, Google, as a third party vendor, uses a DART cookie to serve ads on this site based upon your visit to our sites and other sites on the Internet. You may opt out of the use of the DART cookie by visiting Google ad and content network privacy policy at: www.google.com/privacy_ads.html.
If you would like more information about this practice and to know your choices about not having this information used by these companies, please contact the Network Advertising Initiative (NAI) at (207) 467-3500 or www.networkadvertising.org.

Is Globalization Good?

Globalization in general is good....but many are questioning whether it is good for ordinary wage-earning people.

Globalization is not working for everyone. Stagnating wages and rising job insecurity in developed countries are creating popular disenchantment with the free movement of goods, capital and people across borders. If unchecked, popular fears could turn into a political backlash that could lead to protectionism.

In theory, less-developed countries win from globalization because they get jobs making low-cost products for rich countries. Rich countries win because, in addition to being able to buy inexpensive imports, they also can sell more sophisticated products like machine tools or financial services to emerging economies.

Many companies in the U.S. and Europe have been able to squeeze workers' pay increases by threatening to move production abroad. In the past decade, real labor incomes in the U.S. have grown at roughly half the rate of labor productivity. The reason is simple: With the emergence of China, India and countries from the former Soviet bloc, companies from the established economies of North America, Europe and Japan have more choices on where to invest. That puts them in a stronger bargaining position with workers in their home countries.

TrackBack

Comments

Is Globalization Good?

Globalization in general is good....but many are questioning whether it is good for ordinary wage-earning people.

Globalization is not working for everyone. Stagnating wages and rising job insecurity in developed countries are creating popular disenchantment with the free movement of goods, capital and people across borders. If unchecked, popular fears could turn into a political backlash that could lead to protectionism.

In theory, less-developed countries win from globalization because they get jobs making low-cost products for rich countries. Rich countries win because, in addition to being able to buy inexpensive imports, they also can sell more sophisticated products like machine tools or financial services to emerging economies.

Many companies in the U.S. and Europe have been able to squeeze workers' pay increases by threatening to move production abroad. In the past decade, real labor incomes in the U.S. have grown at roughly half the rate of labor productivity. The reason is simple: With the emergence of China, India and countries from the former Soviet bloc, companies from the established economies of North America, Europe and Japan have more choices on where to invest. That puts them in a stronger bargaining position with workers in their home countries.